Fri Taxa IVS — Credit Rating and Financial Key Figures

Fri Taxa IVS (CVR number: 39480859) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 26.2 kDKK in 2020. The operating profit was 27 kDKK, while net earnings were 19.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fri Taxa IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.